Tag: mergers and acquisitions
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Maxeon Solar to acquire Complete Solaria’s dealer channel, shingled cell PV patents
Maxeon Solar Technologies is starting to diversify its solar business in the United States beyond SunPower. The premium solar panel provider is set to purchase assets from Complete Solaria’s subsidiary, SolarCA LLC, including Solaria’s dealer channel operations and contracts, as well as Complete Solaria’s solar panel patent portfolio relating primarily to shingled cell solar panel……
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Duke Energy to sell distributed generation business to ArcLight for $364 million
Duke Energy is selling its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC for an enterprise value of $364 million. The purchase agreement includes non-controlling tax equity interests. Duke expects approximately $259 million of proceeds from this transaction, which is subject to certain customary adjustments and will be received upon closing. This is Duke’s……
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Scale Microgrids acquires 23 operating solar projects to expand portfolio
Scale Microgrids has acquired a portfolio of distributed generation solar projects from a leading solar asset owner. The portfolio of operating assets consists of 13 ground-mount and rooftop solar projects, across 23 sites. Through this geographically diverse acquisition made in the fourth quarter 2022, Scale Microgrids will now own and operate assets in New Jersey,……
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Origis Energy acquires Florida solar projects from Dominion Energy subsidiary
Miami-based solar and energy storage developer Origis Energy has acquired two solar projects from Birdseye Renewable Energy, a subsidiary of Dominion Energy Inc. The projects are in Florida. Once completed, they will add a combined 145 MWac of clean energy generation to the grid in the Sunshine State. “The demand for clean energy in our home……
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Luminia expands community solar footprint by acquiring New Hampshire Solar Garden
Luminia has agreed to purchase New Hampshire Solar Garden, bringing the company’s founder Andrew Kellar onboard to help develop community solar assets. Luminia executed a memorandum of understanding (MOU) to acquire the assets, development resources and project pipeline of New Hampshire Solar Garden, including 15 MW of community solar that the companies jointly closed in……